Mayor Zohran Mamdani signed the nearly $126 billion budget deal Wednesday morning after it was approved by the City Council Tuesday night. It comes after weeks of negotiations that came down to the final hours.
The spending plan expands eligibility for the Fair Fares public transportation discount program, creates a new rental assistance voucher program and more.
Dean Fuleihan, the first deputy mayor, and Sherif Soliman is the director of the Mayor’s Office of Management and Budget, joined NY1 political anchor Errol Louis on “Inside City Hall” Wednesday to break down the budget.
Tap the video player above to watch the interview.